Ad plunge fuels 75% Telegraph fall

Monday 12 November 2001 00:00 BST

THE Daily and Sunday Telegraph titles are the latest victims of the advertising downturn with earnings down by 75%, it has been reported.

According to the Sunday Business newspaper, parent company Hollinger said the Telegraph papers' profitability had been 'badly damaged' in the three months to the end of September and third-quarter earnings before interest, tax, depreciation and amortisation fell from £12.1m to £2.8m.